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IPO closing prices: Squeeze ends trading at 3,195 yen, below opening price
Squeeze <558A>, which was newly listed on the TSE Growth Market today, opened at 3,250 yen at 9:06 a.m., 140 yen <4.5%> above its public offering price of 3,110 yen. The stock reached a high of 3,395 yen at 9:13 a.m. but subsequently weakened to 3,110 yen by 1:43 p.m. It recovered slightly toward the close, ending its first day of trading at 3,195 yen.
Meanwhile, Batons <554A>, which listed on the TSE Growth Market on the 21st and ended its first day untraded with a glut of buy orders, opened at 1,674 yen at 9:16 a.m. on its second day of trading, 2.5 times its public offering price of 660 yen. The stock experienced volatile trading, surging to 1,968 yen before reversing to 1,550 yen, then consolidating in the 1,600 yen range. It rose again to the 1,900 yen range in late afternoon trading to close at 1,930 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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